Turnover of Apranga Group in January 2013
2/1/2013 3:55 AM EST
Apranga APB
Investor News
Turnover of Apranga Group in January 2013
Vilnius, Lithuania, 2013-02-01 09:55 CET (GLOBE NEWSWIRE) -- The retail
turnover (including VAT) of the Apranga Group amounted to LTL 43.8 million (EUR
12.7 million) in January 2013, and has increased 7.6% in comparison to January
2012.
In January 2013 the retail turnover of Apranga Group in Lithuania increased
5.9% year-to-year, in Latvia increased 5.7% and in Estonia 23.1%.
Apranga Group plans to reach LTL 589 million (EUR 170.6 million) turnover
(including VAT) in 2013, or by 11.2% more, than actual the year 2012 turnover
(LTL 529.6 million or EUR 153.4 million).
Apranga Group plans to open or renovate 15-17 stores during 2013.
During the first four months of 2013 Apranga Group will open or renovate 10
stores.
Currently Apranga Group operates the chain of 134 stores covering an area of
66.3 thousand sq. m. Stores area increased by 2.6% during the year.
Shares of Apranga are listed on Baltic equity list on NASDAQ OMX Vilnius Stock
Exchange. Majority shareholder of Apranga Group is concern MG Baltic.
Rimantas Perveneckas
Apranga Group Director General
+370 5 2390801